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SBI negotiating with SK Hynix, UMC on Japan chip plant collaboration: report

by Sarkiya Ranen
in Technology
SBI negotiating with SK Hynix, UMC on Japan chip plant collaboration: report
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SBI Holdings is negotiating with South Korea’s SK Hynix and Taiwan’s UMC about collaboration on a chips plant the financial firm is planning in Japan’s Miyagi prefecture, Nikkan Kogyo newspaper reported on Friday.

A spokesperson for SBI, however, said the report was not true.

SBI aims to collaborate with SK Hynix on back-end DRAM processes and with UMC on chips for vehicles, according to the report, which did not cite sources.

SBI announced in September it was dissolving a joint venture with Taiwan’s Powerchip Semiconductor Manufacturing Corp .

The companies had been seeking government subsidies to build a foundry in northern Japan. SBI said at the time it would consider partnering with other firms on chip-related business. REUTERS

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Tags: ChipCollaborationHynixJapannegotiatingPlantReportSBIUMC
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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